Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, July 16, 2018.

Turkish Lira/Canadian Dollar (FOREX:TRYCAD)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_TRYCAD
Open High Low TRYCAD Price Change
0.271610 0.272305 0.270380 0.270405 -0.001205
Entry Signal

MarketClub’s Trade Triangles for TRYCAD

long term down The long term trend has been DOWN since Mar 22nd, 2018 at 0.32261

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.27739

short term down The short term trend has been DOWN since Jul 9th, 2018 at 0.28076

Smart Scan Analysis for TRYCAD

Based on a pre-defined weighted trend formula for chart analysis, TRYCAD scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for TRYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.271610 0.272305 0.270380 0.270405 -0.001205
Prev. Close Volume Bid Ask Time
0.271610 0.270330 0.270480 2018-07-16 22:16:31
Want to analyze Turkish Lira/Canadian Dollar TRYCAD or another symbol? Try our Free Forex Trend Analysis Report.